Law Hasn’t Been The Golden Ticket For Some Time

by Editors on September 23, 2011

Where is Willy Wonka when you need him?

Memo to the Media: The “Golden Ticket” Myth Hasn’t Been True for Years: Mainstream reporting on the legal education system’s failings frequently employs this two-word phrase (or some variant) to underscore the idea that a struggling economy prompted the sudden drop in a law degree’s value. The problem: A hard look at the data shows that the value of legal education has been declining for decades, making the law schools’ crisis worse than previously thought.